Meta long-term EW-Analysis
This chart represents our primary long term expectations for Meta.
Meta has nearly completed its first impulsive sequence as yellow wave 1 representing the highest degree cyclewithin this analysis.
Within this structure, Meta developed a strong impulsive advance:
- A sustained rally in green wave 1,
- Followed by a corrective retracement in green wave 2,
- Then an extended and highly bullish move in green wave 3,
- And a sideways-to-down correction in green wave 4.
Currently, Meta is unfolding its final green wave 5 to complete the overall advance of yellow wave 1.
We anticipate Meta to break above its all-time high at $796.25 (highlighted in neon green), thereby finalizing the green impulsive cycle and completing yellow wave 1 of the higher degree.
Trading Plan:
In our mid- to short-term Elliott Wave update, we will provide more granular details on potential entry zones and buying opportunities within this structure.
For the time being, we recommend waiting for confirmation of a decisive breakout above the all-time high, signaling the completion of yellow wave 1. Once this advance concludes, we will outline the retracement target zone where we expect yellow wave 2 to unfold — a region likely to offer renewed bullish momentum and favorable entry setups for the next big impulsive cycle.
Keep in mind:
This outlook reflects our primary expectation for Meta`s long-term performance. Always ensure that you review our long-term projections first before moving on to our mid- and short-term Elliott Wave analyses.
(The content on this website, including charts, analyses, and recommendations, is for informational purposes only and does not constitute financial, investment, or professional advice. Trading and investing involve risk. You should consult a qualified financial advisor before making any investment decisions!)
